Examples of Existing Holders in a sentence
The Auction Agent’s registry of Existing Holders of shares of a series of MuniPreferred shall be conclusive and binding on the Broker-Dealers.
Thereafter, BD shall promptly notify customers of BD that are Existing Holders of such change in the Auction Date.
The Fund shall use commercially reasonable efforts to provide or cause to be provided to the Auction Agent within ten Business Days following the date of the Closing a list of the initial Existing Holders of Preferred Shares, and the Broker-Dealer of each such Existing Holder through which such Existing Holder purchased such shares.
In the absence of receiving any such information with respect to an Existing Holder, from such Existing Holder's Agent Member or otherwise, the Auction Agent may continue to treat such Existing Holder as having ownership of the number of Preferred Shares shown in the Auction Agent's registry of Existing Holders.
The Auction Agent's registry of Existing Holders of shares of a series of Municipal Preferred shall be conclusive and binding on the Broker-Dealers.